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Resolution No. 82331 2 3 4 5 6 7 8 9 10 11 12 13 14 15 17 om 19 20 21 22 23 24 25 26 27 : RESOLUTION NO. 8233 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND RATIFYING THE EXECUTION OF SELF -FUNDED RENEWAL TERMS AND CONDITIONS BY AND BETWEEN THE CITY OF VERNON AND UNITED OF OMAHA LIFE INSURANCE WHEREAS, the City of Vernon has agreements with United of Omaha Life Insurance Company ("Omaha") for administering the City's employee health care plan; and WHEREAS, on November 12, 2002, the Finance Committee considered the recommendations of Bruce V. Malkenhorst, Director of Finance, dated November 7, 2002, that the City approve the renewal package for medical/dental/life insurance renewals from Omaha-PPO Program -fox 2003; and WHEREAS, Omaha has requested that the City sign a Self - Funded Renewal Terms and Conditions form (the "Renewal") for the period January 1, 2003 through December 31, 2003, prior to memorializing any amendments to its Master Stop Loss Policy and Administrative Services Agreement; and WHEREAS, in order to meet the urgent need to continue its medical, dental and life insurance benefits for its employees, the City Administrator executed the Renewal with Omaha dated June 18, 2003, subject to ratification by the City Council; and WHEREAS, on June 24, 2003, the Finance Committee considered the recommendation of Bruce V. Malkenhorst, Director of Finance, dated June 19, 2003, that his execution of the Renewal be ratified; and WHEREAS, the City Council of the City of Vernon has determined that, pursuant to the provisions of subsection (a) of 1 Section 2.27 of the Vernon City Code, it is in the public interest and 2 necessity to ratify entering into the Renewal with Omaha, to enhance 3 services provided to the Vernon community. 4 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 5 CITY OF VERNON AS FOLLOWS: 6 SECTION 1: The City Council of the City of Vernon hereby 7 finds and determines that the recitals contained hereinabove are true 8 and correct. 9 SECTION 2: The City Council of the City of Vernon hereby 10 approves and ratifies the execution of the Self -Funded Renewal Terms 11 and Conditions with Omaha, a copy of which is attached hereto as 12 Exhibit "A" and made a part hereof. 13 SECTION 3: The City Clerk of the City of Vernon shall 14 certify to the passage of this resolution, and thereupon and 15 thereafter the same shall be in full force and effect. 16 APPROVED AND ADOPTED this 25th day of June, 2003. 17 9 1 18 �'• 19 EONIS C. MALBVRG, Ma or 20 ATTEST: 21 22 23 BRUCE V. MALKENHORST, City Clerk 24 25 26 27 28 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 8233, was duly adopted by the City Council of the City of Vernon at an adjourned regular meeting of the City Council duly held on Wednesday, June 25, 2003, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) BRUCE V. MALKENHORST, City Clerk - 3 - EXHIBIT VA& 06/19/2003 09:23 FAX 323 581 7924 CITY OF VERNON J LEHR 0001 SELF -FUNDED RENEWAL TERMS AND CONDMONS Policyholder Name City of Vernon Policy Number(s): 00002RO5 Renewal .Plate: January 1, 2003 The "owing are the terms ofyour 12-month.jenewal ei%cdve Janmy 1, 2003: Monthly Fees per Employee Administrative Se"k= Current Renewal +l-010 Medical ASO Fee $ 41.41 $ 39.34 -.5% Dental ASO Fee $ 5,65 $ 5.65 +0% Stop L4= Specific Stop Loss. Current Renewal +/- % Stop Lou Level $150,000 $ 200,000 Rate per Employee with or w&md Dependents: $ 54.28 $ 39.50-27.2°/a Aggregate Stop Loss: Aggregate Deductible Factor: Employee with or without dependents- $625.41 $829.76 +32.7 Aggregate Deducible Factors Buy -Up Plan % Employee Only Employee and Current N'umbcr of Employees 222 222 Minimum Monthly Aggregate Deductible* S138,841.02 $ 194,206.72 +32.7 Minimum Annual Aggregate Deductr-bte $1.666,092.24 $ 2,210480.64 oh +32.7 Aggregate Stop Loss Premium Rate per Employee $ 1,67 $3.27 +95.8 * The minimum monthly aggregate deductible is the mealiest possible liability for a mosnth during the Benefit Period fDr losses under the plan. The monthly aggregate deductible will be the greater o:E (a) the minimum monthly aggregate deducible listed above; or (b) the aggregam dod uopble factor multiplied by the corresponding rnunber of Covered Employees and Retirees under the plan for a given aaonth. Please note that the final minimum monthly aggregate deductible factor wt71 be based on the actual corellment in the plan on the renewal effwtive date. Any applicable aggregate stop loss reambsntsement will continue to be performed at year-end (tbe policy does not provide a monthly reimbursement). The specific stop loss renewal policy will be applicable to medical and prescription drug coverage. The Agregate stop loss renewal policy will be applicable to medical, pmScription drug coverage. Page I of I 06/19/2003 09:23 FAX 323 581 7.924 1 CITY OF VERNON -► J LEHR . 1@002 The spxiiie and aggregate stop loss rexrewal policy will apply to claims mcun-ed on or after 12:O1a m on 1/1/2003 and before 12;01 am. on 12/31/2003, and paid on or after 12;01 am. on 1/1/2003 and before 12;01a.m. on 12131.12003_ Other Fees Lbr XM Fees Renewal tea Ad&sb nmt PPO Aeons Fee $ 2.90 No Change +00/0 Disease Mauagement Fee (All exapl ) $ 0.00 $ 0.00 +00/0 UR Program Fee $ 2.40 $ 2.40 +0% Other Conditions of Rmewad The maximum number of days allowable for premium fee credit with regard to notification of inel;gble employees or dependents will be changed from 30 days to 60 days. TV accordance with the update of the Plan benefits and provisions to the new version, your PlaWs Utilization Managt Agreement will be amended to include the following programs_ (a) S129da ge-d Services and Snnnlies Review — Reviewing the medical necessity of certain proposed semces and supplies, including the review of Specialty Drugs and Medicines as described in the Policy; and (b) Ow Mot Surrocal Review — Reviewing the medical necessity of certain proposed outpatient surgical Wv=h res. This progaam will replace the present Medical Procedure Review program l The Company has issued this renewal based upon current information regarding - (a) the industry of the Plan Sponsor and the age, gender, occupation, earnings, location, and size of the Plan Sponwes employee population; and (b) laws, regulations and judicial and administrative orders and decisions affecting benefits, the cost Of admivistration and the cost oflicalth care services. Accordingly, the Company reserves the right to change the premium rates and/or fees on or after the date these is a Change in any of the factors described in (a) or (b) above resulting lion or relating to: (a) an ineresse in premium tax, guarantee or uninsured fiord assessment, or other governmental charge based upon or related to premium; (b) a merger or consolidation, or an acquisition or divestiture (through stock, assets or exchange) of all or part of a business enterprise affecting the Plan SponWs employee population; or (c) the enactment, iss mee, amendment, or enfor<oemmt of any law, regulations, judicial or adul misttgtive order or decision, including, without limitation, any law allowing eourpetmg health care providers to bargain collectively with health plans, insurance carriers or health maintenance organizations. In addition to the light to change the premium rates and/or fees in accordance with the preceding paragraphs, the Company may change premium rates. (a) any time after the most recent RataTee Guarantee Date shown in this Administrative Services Agreement, or Stop Loss polity, provided the Company has given at least 30 days advance written notice ofthe premium/fee gate increase; (b) on or after the date there is a change in benefits or eligibility for benefits under the Plan; ar (c) on or after the date there is an increase or a decrease of 10% or 100, whichever is less, in the number of employees insured under the Plan. Page 2 of 2 06/19/2003 09:23 FAX 323 581 7924 CITY OF VERNON -► J LEHR lao03 Tn order to provide continuous, rmiuternipted benefit payment services in accordance with your Plain ms dt Conditions form must be signedprovisioms, this Renewd Ter prior to January 1, 2003. These conditions are hereby agreed to and, accepeed by: City of Vernon DNITRD OF OMAHA LIFE INSURMU COMPANY By; Llo—e�z� By-. Cit Actainistrator Title J 8 Date Page of We President — Group Underwriting Title September 25, 2002 Date SUPPORTING DOCUMENTS CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro-Tem WM. 'BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL MCCORMICK Councilman BRUCE V MALKENHORST City Administrator/City Clerk FAX (323) 826-1438 Finance Committee City of Vernon Honorable Members: EDUARDO OLIVO \02 City Attorney FAX: (562) 869-1883 KEVIN WILSON Director of Community Services & Water FAX: (323) 826-1435 KENNETH J. DeDARIO Director of Utilities FAX: (323) 826-1425 STEVEN E. PARKER Fire Chief FAX: (323) 826-1407 CITY HALL BRUCE W. OLSON 4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058 Police Chief TELEPHONE (323) 583-8811 FAX: (323) 826-1481 June 19, 2003 In November 2002, this legislative body recommended to City Council to approve the renewal terms and conditions for the Medical/Dental/Life Insurance from United of Omaha to be effective January 1, 2003. On June 18, 2003, the Risk Manager provided the "Self Funded Renewal Terms and Conditions" from United of Omaha for execution. It is hereby recommended that said document be approved and ratified. Very truly yours, Bruce V. Malkenhorst Director of Finance BVM/gm J Crla1' COWNC1L LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro -Tern WM. 'BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL MCCORMICK Councilman BRUCE V. MALKENHORST City Administrator/City Clerk FAX (323) 826-1438 Finance Committee City of Vernon Honorable Members: CITY HALL 4305 SAWA FE AVENUE, VERNON, CALIFORNIA 90058 TELEPHONE (323) 583-8811 November 7, 2002 EDUARDO OLIVO City Attorney FAX: (562) 869-1883 KEVIN WILSON --- Director of Community Services & Water FAX: (323) 826-1435 KENNETH J. DeDARIO Director of Utilities FAX: (323) 826-1425 STEVEN E. PARKER Fire Chief FAX: (323) 826-1407 BRUCE W. OLSON Police Chief FAX: (323) 826-1481 �N The below listed are the proposed rates for the Medical/Dental/Life Insurance Renewals from United of Omaha for the period of January 1, 2003 through December 31, 2003: • Life Insurance rates will remain the same - Life Insurance .32/$1000 AD & D .04/$1000 Dependent Life .38 per person • Mrter-Stop Loss Policy from $54.28 to $39.50 EE/MO • Medical Insurance form $41.44 to $39.34 EE/MO • Deductibles to be increased to $500.00 per person and $1,000.00 per family. • The Utilization Management Fee to remain the same - $2.40 BE/MO Z'O(D • The PPO Access fee to remain the same- $2�. EE/MO • Dental Insurance to remain the same - $5. EE/MO United of Omaha Page 2 The minimum Annual Deductible for the proposed plan is approximately $2,302,049.00. This has been reviewed by the Risk Manager and it is hereby recommended that the renewal package for Medical/Dental/Life Insurance Renewals from.Mutual of Omaha - PPO Program for 2003 be approved. Very truly yours, v Bruce V. Malkenhorst Director of Finance BVM/gm